A statement said they will share equity knowledge, experience and contacts from their respective transatlantic markets.
The two companies will provide advice to managers of private equity, venture capital, real estate and fund of funds.
The statement also said the new alliance will give Ipes access to US structures and tax complexities which will be especially important when complying with FATCA and other tax exchange agreements.
It added that US fund managers from Los Angeles-based Standish will benefit from access to experts in European fund structures and new European regulatory requirements.
Commercial director at Ipes, Justin Partington, said: “Now is a particularly good time to establish this partnership as both European and US fund managers cope with AIFMD and FATCA."
Robert Raynard, managing partner of Standish, said: “Fund managers on both sides of the Atlantic will benefit from the collective knowledge and expertise that our organisations are known for in their respective markets.”
Ipes manage in excess of $72bn in assets for more than 100 clients worldwide. Its offices in Guernsey, Jersey, London, and Luxembourg specialise in European equity fund services. Established in 1998, ICFA magazine ranks them sixth globally for private assets under management.
Standish provide fund services for more than 90 clients, 275 funds and 10,000 investors. The group opened in 2006 and manages over $3bn in committed capital. It is based in San Francisco with offices in Los Angeles, alo Alto, Boston, Seattle and Dallas.
